Cryptocurrency adoption has been growing steadily for some time. The crypto industry has come a long way in its current rate of adoption. She went through a period that most people considered highly questionable. She also had periods of loss, but she always knew how to get up. But what will the situation look like after 8 years?
500 million new crypto investors before 2030?
according to Tweet From Watcher.Guru on 9/11,”An HSBC report revealed that more than 500 million new investors expect to buy cryptocurrency by 2030Many analysts wonder if crypto will succeed in establishing itself in the payments sector. There are many factors to consider when answering this question. However, one economist has done work to provide insight into cryptocurrency adoption by 2030. It shows That 500 million consumers could be added to the existing list of crypto users.
According to the HSBC report, it will be mostly new users Middle- and upper-income consumers. Mostly, they reside in two main continents: Asia and Africa. There may also be around 1 billion new cryptocurrency users in the next 20 years.
Moreover, a positive uptick has been observed in the cryptocurrency market since September 10th. It is possible that this spike is related to the Ethereum consolidation. This highly anticipated event could happen in the next few days.
The cryptocurrency industry could receive 500 million new users by 2030. It could receive another 500 million users. to add By 2040. In the meantime, it is important to know that the Bitcoin (BTC) price has increased by more than 9.8% in the past week. Similarly, the price of Ether (ETH) has increased by more than 14% in the past seven days.
Get a summary of the news in the cryptocurrency world by subscribing to our new service Daily and weekly so you don’t miss any of the essential Cointribune!
Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only fueled my enthusiasm. So I resolved to study and understand the blockchain and its many uses and pass on my pen information related to this ecosystem.